Salmon River Resources (Salmon River Resources) Inventory Turnover : 0.00 (As of Mar. 2013)

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What is Salmon River Resources Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Salmon River Resources's Cost of Goods Sold for the three months ended in Mar. 2013 was $0.00 Mil. Salmon River Resources's Average Total Inventories for the quarter that ended in Mar. 2013 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Salmon River Resources Inventory Turnover Historical Data

The historical data trend for Salmon River Resources's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Salmon River Resources Inventory Turnover Chart

Salmon River Resources Annual Data

Trend

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Inventory Turnover

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Salmon River Resources Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Salmon River Resources Inventory Turnover Calculation

Salmon River Resources's Inventory Turnover for the fiscal year that ended in Jun. 2012 is calculated as

	Inventory Turnover (A: Jun. 2012 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2012 )	/ (	(Total Inventories (A: Jun. 2011 )	+	Total Inventories (A: Jun. 2012 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Salmon River Resources's Inventory Turnover for the quarter that ended in Mar. 2013 is calculated as

	Inventory Turnover (Q: Mar. 2013 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2013 )	/ (	(Total Inventories (Q: Dec. 2012 )	+	Total Inventories (Q: Mar. 2013 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Salmon River Resources (OTCPK:SALOF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Salmon River Resources's Days Inventory for the three months ended in Mar. 2013 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2013 )	/	Cost of Goods Sold (Q: Mar. 2013 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Salmon River Resources's Inventory to Revenue for the quarter that ended in Mar. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2013 )	/	Revenue (Q: Mar. 2013 )
	=	0	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Salmon River Resources Inventory Turnover Related Terms

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Salmon River Resources (Salmon River Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Salmon River Resources Ltd (OTCPK:SALOF) » Definitions » Inventory Turnover

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Address

Website

http://www.salmonriverresources.com

An exploration stage Company engaged in the evaluation, acquisition, exploration and development of gold and base metals in British Columbia, Canada, and Idaho, USA.

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